In-Plan Roth Conversions Present Challenges
President Obama on Monday signed into law the Small Business Jobs Act, which included a provision allowing in-plan Roth conversions in 401(k), 403(b), and governmental 457(b) plans.
Tag: 457 plans
House Approves Bill Allowing In-Plan Roth Conversions
The U.S. House of Representatives has approved a bill that includes provisions allowing retirement plan participants to roll over their assets into in-plan Roth accounts.
Not-for-Profit Assets Rebound to Over $1T
Total not-for-profit retirement plan assets exceeded $1 trillion as of March 31—the first time since 2007, according to a quarterly survey of plan service providers by LIMRA.
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Winner’s Circle
Congratulations to Chad Larsen and Stephen Wilt and the STAR Group, our retirement plan adviser and adviser team of the year!
fiduciary fitness
Deferred Gratification
Final section 409A regulations are complicated, but offer opportunities for advisers
fiduciary fitness
457 Exemptions
IRS issues guidelines for deferred compensation arrangements maintained by tax-exempt entities or state or local governments
Prudential's Total Retirement Solutions Now Includes Nonqualified Plan
Prudential Retirement's Total Retirement Solutions (TRS) offering has been enhanced to include a new nonqualified product.
RPAG Expands into Nonqualified Arena with New Hire
Retirement Plan Advisory Group (RPAG) has recruited David W. Stecher as national practice leader for Executive Benefits Consulting.
ING Wins Minnesota Retirement Plan Business
ING Institutional Plan Services Group will be the administrator for Minnesota's 457 deferred compensation plan.
Symetra Offers New Group Variable Annuity for 403(b), 457 Plans
Symetra Life Insurance Company has launched Retirement Passport Group Variable Annuity for the 403(b)/457 market.
Caltech Moves 403(b), 457 Plans to Single Provider
The California Institute of Technology has chosen TIAA-CREF to be the single administrative services provider for the Caltech Retirement Program, beginning January 1.
Fee Probe Leads Alabama to Change 457 Providers
Alabama is switching to a new 457 deferred compensation plan provider amid concerns about the previous provider and its relationship with the Alabama State Employees Association (ASEA).
Mutual of Omaha Adds 457(b) Retirement Solution
Mutual of Omaha has added a 457(b) retirement platform to its lineup of retirement solutions.
Great-West Wins Jacksonville 457, 401(a) Plans
Great-West Retirement Services announced that the City of Jacksonville, Florida, has hired it as the city’s exclusive provider for its 457 deferred compensation retirement plan and its 401(a)...
Most NQDC Plan Sponsors Like Recordkeeper
A new by the Principal Financial Group found that among the 75% of plan sponsors jobbing out the recordkeeping for their nonqualified deferred compensation (NQDC) plans, 92% are...
VALIC Wins K-12 Business in Md., Iowa
VALIC has been retained by Anne Arundel County (Maryland) Public Schools (AACPS) and the Iowa Department of Administrative Services (DAS) as a 403(b) and 457(b) plan provider.
Va. School District Selects Great-West as 403(b), 457 Provider
Great-West Retirement Services announced that Fairfax County Public Schools (FCPS) in Virginia has hired it as one of the school system’s three 403(b) plan providers, serving 6,000 employees.
IRS To Release 457 Plan Guidance
Officials from Treasury and the IRS have indicated that the IRS is planning to issue guidance on a number of issues involving Code Section 457 deferred compensation plans,...
Prudential Retirement, MullinTBG Meld Platforms
A new partnership between Prudential Retirement and MullinTBG should allow sponsors and advisers to better handle qualified and nonqualified programs, according to a news release.
‘Active’ Sponsorship Contributes to Success of 403(b)s
A new report from The Principal suggests that actively sponsored non-profit plans, including 403(b) plans, are achieving the same level of success as their for-profit counterparts.